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Section 1 - Short title and commencement. - Finance Act, 2020Extract MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 27th March, 2020/Chaitra 7, 1942 (Saka) The following Act of Parliament received the assent of the President on the 27th March, 2020, and is hereby published for general information:- THE FINANCE ACT, 2020 NO. 12 OF 2020 [27th March, 2020.] An Act to give effect to the financial proposals of the Central Government for the financial year 2020-2021. BE it enacted by Parliament in the Seventy-first Year of the Republic of India as follows:- CHAPTER I PRELIMINARY Short title and commencement. 1. (1) This Act may be called the Finance Act, 2020. (2) Save as otherwise provided in this Act,- (a) sections 2 to 104 shall come into force on the 1st day of April, 2020; (b) sections 1 [ 118 to 131 and Section 134 ] shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint. ************ NOTES:- 1. Corrected vide CORRIGENDA NO. 12 OF 2020 dated 15-04-2020 w.e.f. 27-03-2020 before it was read as 116 to 129 and section 132
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